Day: February 7, 2026

Karachi: Industrial activity in the SITE area of Karachi has come to a complete halt since Friday evening due to the suspension of water supply, raising serious concerns about the impact on the national economy, SITE Association of Industry President Ahmed Azeem Alvi said on Saturday. In a statement, Mr Alvi warned that the shutdown of Karachi’s industries — the country’s largest revenue-generating sector — could cause severe and irreparable damage not only to Sindh but to Pakistan’s overall economy. “It is deeply alarming that industries considered the backbone of…

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ISLAMABAD: The federal government has proposed imposing a fixed monthly electricity charge ranging from Rs200 to Rs675 on more than 28.5 million residential consumers to generate around Rs125 billion, aimed at funding a Rs4.04 per unit relief package for industrial users. The revised Schedule of Tariff (SoT) was submitted to the National Electric Power Regulatory Authority (Nepra) on Friday and put on notice for a public hearing for immediate implementation within the current month. Officials said the hearing was a procedural requirement, as the government’s policy guidelines are binding on…

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